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Linux in a Nutshell, Fourth Edition

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Novell's Loss Turns Into Red Hat's Gain

Publication:TheStreet.comDate:Jun 02 2006
Reporter:Bill Snyder

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Shares of Red Hat soared Thursday, as technology investors fled from Novell, the Linux vendor's major rival.

Red Hat surged on the strength of positive comments from Goldman Sachs and Merrill Lynch and Novell's weak second-quarter earnings and disappointing third-quarter guidance.




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